CoTec Holdings Expands Texas Rare Earth Magnet Plant with Increased Capacity

Reuters

2025/12/15

CoTec Holdings Expands Texas Rare Earth Magnet Plant with Increased Capacity

CoTec Holdings Corp. announced significant progress on its joint venture with HyProMag USA to expand a rare earth permanent magnet recycling and manufacturing facility in the Dallas-Fort Worth area. The Texas plant will boost magnet production capacity and support domestic critical-minerals supply chains. Updated project economics show a post-tax net present value $(NPV)$ of US$780 million at forecast prices and US$409 million at current prices. With detailed engineering well advanced, CoTec is focusing on securing feedstock and financing for construction. The company is also exploring a potential U.S. stock market listing, with any possible listing expected no earlier than late 2026 or early 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoTec Holdings Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1117361) on December 15, 2025, and is solely responsible for the information contained therein.

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